DFS earnings
Discover Financial Services (DFS) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Discover Financial Services Reports First Quarter 2025 Net Income of $1.1 Billion or $4.25 Per Diluted ShareBoard of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): First Quarter 2025 Results 2025 2024 YOY Change Total loans, end of period (in billions) $117.4 $126.6 (7%) Total revenue net of interest expense (in millions) $4,251 $4,160 2% Total net charge-off rate 4.99% 4.92% 7 bps Net income (in millions) $1,104 $851 30% Diluted EPS $4.25 $3.25 31% Discover Financial Services (NYSE:DFS) today reported net income of $1.1 billion or $4.25 per diluted share for the first quarter of 2025, as compared to a net income of $851 million or $3.25 per diluted share f
- Discover Financial Services Announces First Quarter 2025 Earnings Release on April 23, 2025, and Conference Call on April 24, 2025Discover Financial Services (NYSE:DFS) plans to report its First quarter 2025 results after the market closes on Wednesday, April 23, 2025. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results and related matters will be held on Thursday, April 24, 2025, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Finan
- Discover Financial Services Reports Fourth Quarter 2024 Net Income of $1.3 Billion or $5.11 Per Diluted Share and Full Year Net Income of $4.5 Billion or $17.72 Per Diluted ShareBoard of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS) Fourth Quarter 2024 Results 2024 2023 YOY Change Total loans, end of period (in billions) $121.1 $128.4 (6%) Total revenue net of interest expense (in millions) $4,759 $4,180 14% Total net charge-off rate 4.64% 4.11% 53 bps Net income (in millions) $1,291 $366 253% Diluted EPS $5.11 $1.45 252% Discover Financial Services (NYSE:DFS) today reported net income of $1.3 billion or $
- Discover Financial Services Announces Fourth Quarter 2024 Earnings Release on January 22, 2025, and Conference Call on January 23, 2025Discover Financial Services (NYSE:DFS) plans to report its Fourth quarter 2024 results after the market closes on Wednesday, January 22, 2025. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results and related matters will be held on Thursday, January 23, 2025, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discov
- Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted ShareBoard of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of interest expense (in millions) $4,453 $4,044 10% Total net charge-off rate 4.86% 3.52% 134 bps Net income (in millions) $965 $683 41% Diluted EPS $3.69 $2.59 42% Note(s) 1. Private student loans were classified as held-for-sale effective June 30, 2024. The charge-offs related to private student loans are through June 30, 2024, the date the loans were transferr
- Discover Financial Services Announces Third Quarter 2024 Earnings Release on October 16, 2024, and Conference Call on October 17, 2024Discover Financial Services (NYSE:DFS) plans to report its Third quarter 2024 results after the market closes on Wednesday, October 16, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, October 17, 2024, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover D
- Discover Financial Services Announces Second Quarter 2024 Earnings Release on July 17, 2024, and Conference Call on July 18, 2024Discover Financial Services (NYSE:DFS) plans to report its Second quarter 2024 results after the market closes on Wednesday, July 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, July 18, 2024, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Dis
- Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted ShareBoard of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE:DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate 4.92% 2.72% 220 bps Net income/(loss) (in millions) $308 $968 (68%) Diluted EPS $1.10 $3.55 (69%) Note(s) 1. The comparative prior quarter ended March 31, 2023 has been restated as disclosed in
- Discover Financial Services Announces First Quarter 2024 Earnings Release On April 17, 2024, and Conference Call on April 18, 2024Discover Financial Services (NYSE:DFS) plans to report its First quarter 2024 results after the market closes on Wednesday, April 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, April 18, 2024, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is
- Capital One to Acquire DiscoverUnder the terms of the agreement, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, representing a premium of 26.6% based on Discover's closing price of $110.49 on February 16, 2024. Transaction is 100% stock consideration. Creates a global payments platform at scale, with 70 million merchant acceptance points in more than 200 countries and territories Positions the combined company to compete with the largest payments companies and deliver enhanced value to a franchise of over 100 million customers Enables Capital One to leverage its customer base, technology, and data ecosystem to drive more sales for merchants and great deals for consumers and small
- Discover Financial Services Reports Fourth Quarter 2023 Net Income of $388 Million or $1.54 Per Diluted Share and Full Year Net Income of $2.9 Billion or $11.26 Per Diluted ShareBoard of Directors Declares Semi-annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Fourth Quarter 2023 Results 2023 2022(1) YOY Change Total loans, end of period (in billions) $128.4 $112.1 15% Total revenue net of interest expense (in millions) $4,196 $3,721 13% Total net charge-off rate 4.11% 2.13% 198 bps Net income/(loss) (in millions) $388 $1,025 (62%) Diluted EPS $1.54 $3.74 (59%) Note(s) 1. The comparative prior quarter ended December 31, 202
- Discover Financial Services Announces Fourth Quarter 2023 Earnings Release on January 17, 2024, and Conference Call on January 18, 2024Discover Financial Services (NYSE:DFS) plans to report its Fourth quarter 2023 results after the market closes on Wednesday, January 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, January 18, 2024, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS
- Discover Financial Services Reports Third Quarter 2023 Net Income of $683 Million or $2.59 Per Diluted ShareBoard of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Third Quarter 2023 Results 2023 2022(1) YOY Change Total loans, end of period (in billions) $122.7 $104.9 17% Total revenue net of interest expense (in millions) $4,044 $3,468 17% Total net charge-off rate 3.52% 1.71% 181 bps Net income/(loss) (in millions) $683 $1,013 (33%) Diluted EPS $2.59 $3.56 (27%) Note(s) 1. The comparative prior quarter ended September 30, 2022 has been restated to reflect immaterial
- Discover Financial Services Announces Third Quarter 2023 Earnings Release on October 18, 2023, and Conference Call on October 19, 2023Discover Financial Services (NYSE:DFS) plans to report its third quarter 2023 results after the market closes on Wednesday, October 18, 2023. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, October 19, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS)
- Discover Financial Services Reports Second Quarter 2023 Net Income of $901 Million or $3.54 Per Diluted ShareBoard of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Second Quarter 2023 Results 2023 2022(1) YOY Change Total loans, end of period (in billions) $117.9 $99.3 19% Total revenue net of interest expense (in millions) $3,878 $3,213 21% Total net charge-off rate 3.22% 1.80% 142 bps Net income/(loss) (in millions) $901 $1,103 (18)% Diluted EPS $3.54 $3.93 (10%) Note(s) 1. The comparative prior quarter ended June 30, 2022 has bee
- Discover Financial Services Announces Second Quarter 2023 Earnings Release on July 19, 2023, and Conference Call on July 20, 2023Discover Financial Services (NYSE:DFS) plans to report its second quarter 2023 results after the market closes on Wednesday, July 19, 2023. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, July 20, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is a
- Discover Financial Services Reports First Quarter 2023 Net Income of $1.0 Billion or $3.58 Per Diluted ShareBoard of Directors Approves Repurchase of up to $2.7 Billion of Common Stock and Increases the Quarterly Common Stock Dividend 17% to $0.70 Per Share Discover Financial Services (NYSE:DFS): First Quarter 2023 Results 2023 2022 YOY Change Total loans, end of period (in billions) $112.7 $93.5 21% Total revenue net of interest expense (in millions) $3,753 $2,902 29% Total net charge-off rate 2.72% 1.61% 111 bps Net income/(loss) (in millions) $976 $1,242 (21)% Diluted EPS $3.58 $4.22 (15%) Discover Financial
- Discover Financial Services Announces First Quarter 2023 Earnings Release on April 19, 2023, and Conference Call on April 20, 2023Discover Financial Services (NYSE:DFS) plans to report its first quarter 2023 results after the market closes on Wednesday, April 19, 2023. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, April 20, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is a d
- Discover Financial Services Reports Fourth Quarter 2022 Net Income of $1.0 Billion or $3.77 Per Diluted Share and Full Year Net Income of $4.4 Billion or $15.50 Per Diluted ShareBoard of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Fourth Quarter 2022 Results 2022 2021 YOY Change Total loans, end of period (in billions) $112.1 $93.7 20% Total revenue net of interest expense (in millions) $3,732 $2,936 27% Total net charge-off rate 2.13% 1.37% 76 bps Net income/(loss) (in millions) $1,033 $1,067 (3)% Diluted EPS $3.77 $3.64 4% Discover Financial Services (NYSE:DFS) today reported net income of $1.0 billion or $3.77 per diluted share for the fourth quarter of 2022, as compared to a
- Discover Financial Services Announces Fourth Quarter 2022 Earnings Release on January 18, 2023, and Conference Call on January 19, 2023Discover Financial Services (NYSE:DFS) plans to report its fourth quarter 2022 results after the market closes on Wednesday, January 18, 2023. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, January 19, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) i
- Discover Financial Services Reports Third Quarter 2022 Net Income of $1.0 Billion or $3.54 Per Diluted ShareBoard of Directors Declares Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Third Quarter 2022 Results 2022 2021 YOY Change Total loans, end of period (in billions) $104.9 $89.5 17% Total revenue net of interest expense (in millions) $3,479 $2,777 25% Total net charge-off rate 1.71% 1.46% 25 bps Net income/(loss) (in millions) $1,006 $1,091 (8)% Diluted EPS $3.54 $3.54 —% Discover Financial Services (NYSE:DFS) today reported net income of $1.0 billion or $3.54 per diluted share for the third quarter of 2022, as compared to a net income of $1.1 billion or $3.54 per dilute
- Discover Financial Services Announces Third Quarter 2022 Earnings Release on October 24, 2022, and Conference Call on October 25, 2022Discover Financial Services (NYSE:DFS) plans to report its third quarter 2022 results after the market closes on Monday, October 24, 2022. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Tuesday, October 25, 2022, at 8:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is a d
- Discover Financial Services Reports Second Quarter 2022 Net Income of $1.1 Billion or $3.96 Per Diluted ShareBoard of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock Discover Financial Services (NYSE:DFS): Second Quarter 2022 Results 2022 2021 YOY Change Total loans, end of period (in billions) $99.3 $87.7 13% Total revenue net of interest expense (in millions) $3,224 $3,579 (10%) Total net charge-off rate 1.80% 2.12% (32) bps Net income/(loss) (in millions) $1,111 $1,698 (35)% Diluted EPS $3.96 $5.55 (29%) Discover Financial Services (NYSE:DFS) today reported net income of $1.1 billion or $3.96 per diluted share for the second quarter of 2022, as compar
- Discover Financial Services Announces Second Quarter 2022 Earnings Release on July 20, 2022, and Conference Call on July 21, 2022Discover Financial Services (NYSE:DFS) plans to report its second quarter 2022 results after the market closes on Wednesday, July 20, 2022. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, July 21, 2022, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is a di
- Discover Financial Services Reports First Quarter 2022 Net Income of $1.2 Billion or $4.22 Per Diluted ShareBoard of Directors Approves Repurchase of up to $4.2 Billion of Common Stock and Increases the Quarterly Common Stock Dividend 20% to $0.60 Per Share Discover Financial Services (NYSE:DFS): First Quarter 2022 Results 2022 2021 YOY Change Total loans, end of period (in billions) $93.5 $86.3 8% Total revenue net of interest expense (in millions) $2,902 $2,795 4% Total net charge-off rate 1.61% 2.48% (87) bps Net income/(loss) (in millions) $1,242 $1,593 (22)% Diluted EPS $4.22 $5.04 (16%) Discover Financial Services (NYSE:DFS) today reported net income of $1.2 billion or $
- Discover Financial Services Announces First Quarter 2022 Earnings Release on April 27, 2022, and Conference Call on April 28, 2022Discover Financial Services (NYSE:DFS) plans to report its first quarter 2022 results after the market closes on Wednesday, April 27, 2022. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, April 28, 2022, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is a d
- Discover Financial Services Reports Fourth Quarter 2021 Net Income of $1.1 Billion or $3.64 Per Diluted Share and Full Year Net Income of $5.4 Billion or $17.83 Per Diluted ShareDiscover Financial Services (NYSE:DFS): Fourth Quarter 2021 Results 2021 2020 YOY Change Total loans, end of period (in billions) $93.7 $90.4 4% Total revenue net of interest expense (in millions) $2,936 $2,824 4% Total net charge-off rate 1.37% 2.38% -101 bps Net income/(loss) (in millions) $1,067 $799 34% Diluted EPS $3.64 $2.59 41% Discover Financial Services (NYSE:DFS) today reported net income of $1.1 billion or $3.64 per diluted share for the fourth quarter of 2021, as compared to a net income of $799 million or $2.59 per diluted share for the fourth quarter of 2020. For the full year 2021, ne
- Discover Financial Services Announces Fourth Quarter 2021 Earnings Release on January 19, 2022, and Conference Call on January 20, 2022Discover Financial Services (NYSE:DFS) plans to report its fourth quarter 2021 results after the market closes on Wednesday, January 19, 2022. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, January 20, 2022, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) i
- Discover Financial Services Reports Third Quarter 2021 Net Income of $1.1 Billion or $3.54 Per Diluted ShareDiscover Financial Services (NYSE:DFS): Third Quarter 2021 Results 2021 2020 YOY Change Total loans, end of period (in billions) $89.5 $88.7 1% Total revenue net of interest expense (in millions) $2,777 $2,714 2% Total net charge-off rate 1.46% 3.00% -154 bps Net income/(loss) (in millions) $1,091 $771 42% Diluted EPS $3.54 $2.45 44% Discover Financial Services (NYSE:DFS) today reported net income of $1.1 billion or $3.54 per diluted share for the third quarter of 2021, as compared to a net income of $771 million or
- Discover Financial Services Announces Third Quarter 2021 Earnings Release on October 20, 2021, and Conference Call on October 21, 2021Discover Financial Services (NYSE:DFS) plans to report its third quarter 2021 results after the market closes on Wednesday, October 20, 2021. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, October 21, 2021, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover's Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE:DFS) is
- Discover Financial Services Reports Second Quarter 2021 Net Income of $1.7 Billion or $5.55 Per Diluted ShareBoard of Directors Approves Repurchase of up to $2.4 Billion of Common Stock and Increases the Quarterly Common Stock Dividend 14% From $0.44 to $0.50 Per Share Discover Financial Services (NYSE:DFS): Second Quarter 2021 Results 2021 2020 YOY Change Total loans, end of period (in billions) $87.7 $88.9 (1%) Total revenue net of interest expense (in millions) $3,579 $2,662 34% Total net charge-off rate 2.12% 3.44% -132 bps Net income/(loss) (in millions) $1,698 ($368) NM Diluted EPS $5.55 ($1.20) NM Discover Financial Services (NYSE:DFS) today reported net income of $1.7 billion or $5.55 per diluted